Mawer Investment Management Ltd. Has $96.89 Million Position in Willis Towers Watson Public Limited Company (WLTW)

Mawer Investment Management Ltd. raised its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 11.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 740,263 shares of the financial services provider’s stock after buying an additional 75,388 shares during the period. Mawer Investment Management Ltd. owned 0.55% of Willis Towers Watson Public Limited Company worth $96,893,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its position in shares of Willis Towers Watson Public Limited Company by 2.0% in the third quarter. Price T Rowe Associates Inc. MD now owns 16,363,756 shares of the financial services provider’s stock valued at $2,172,616,000 after buying an additional 320,403 shares during the period. Harris Associates L P raised its position in shares of Willis Towers Watson Public Limited Company by 27.4% in the first quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock valued at $1,035,392,000 after buying an additional 1,701,826 shares during the period. State Street Corp raised its position in shares of Willis Towers Watson Public Limited Company by 12.8% in the fourth quarter. State Street Corp now owns 5,554,007 shares of the financial services provider’s stock valued at $679,150,000 after buying an additional 628,790 shares during the period. Longview Partners Guernsey LTD raised its position in shares of Willis Towers Watson Public Limited Company by 2.2% in the third quarter. Longview Partners Guernsey LTD now owns 5,190,496 shares of the financial services provider’s stock valued at $689,142,000 after buying an additional 111,790 shares during the period. Finally, First Eagle Investment Management LLC raised its position in shares of Willis Towers Watson Public Limited Company by 8.0% in the first quarter. First Eagle Investment Management LLC now owns 3,805,409 shares of the financial services provider’s stock valued at $498,090,000 after buying an additional 281,867 shares during the period. Institutional investors and hedge funds own 92.83% of the company’s stock.

Institutional Ownership by Quarter for Willis Towers Watson Public Limited Company (NASDAQ:WLTW)

Shares of Willis Towers Watson Public Limited Company (NASDAQ WLTW) traded up 0.83% during midday trading on Friday, reaching $149.65. The company had a trading volume of 1,179,964 shares. Willis Towers Watson Public Limited Company has a 12 month low of $112.76 and a 12 month high of $149.99. The firm’s 50 day moving average price is $143.07 and its 200-day moving average price is $130.76. The company has a market capitalization of $20.23 billion, a P/E ratio of 39.36 and a beta of 0.93.

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, May 4th. The financial services provider reported $3.71 earnings per share for the quarter, topping the consensus estimate of $3.33 by $0.38. Willis Towers Watson Public Limited Company had a net margin of 5.24% and a return on equity of 10.76%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the company earned $3.41 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Analysts anticipate that Willis Towers Watson Public Limited Company will post $8.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Friday, June 30th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Wednesday, June 28th. Willis Towers Watson Public Limited Company’s payout ratio is presently 69.97%.

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Several research analysts recently weighed in on the company. William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public Limited Company in a research report on Thursday, May 4th. Zacks Investment Research raised Willis Towers Watson Public Limited Company from a “sell” rating to a “hold” rating in a research report on Monday, May 8th. Wells Fargo & Company reissued a “sell” rating on shares of Willis Towers Watson Public Limited Company in a research report on Thursday, May 4th. Finally, Jefferies Group LLC raised their price objective on Willis Towers Watson Public Limited Company from $141.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $142.30.

In other news, Director Paul D. Thomas sold 2,200 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $141.62, for a total value of $311,564.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $140.53, for a total transaction of $140,530,000.00. The disclosure for this sale can be found here. Insiders sold a total of 1,450,378 shares of company stock valued at $205,839,802 over the last 90 days. Corporate insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Company Company Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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